GUVNL declares winners of its 500 MW wind auction

Results for Gujarat Urja Vikas Nigam Limited’s (GUVNL) auction to develop 500 MW of grid-connected wind power projects, phase VI, have been announced. The tender for the project was issued in July 2023. To be located anywhere in India, the project was tendered with an additional greenshoe option of 500 MW. By quoting Rs 3.42 per kWh and Rs 3.44 per kWh, Alfanar Projects and Juniper Green Energy have won 50 MW and 90 MW, respectively. While EDF Renewables have won 24 MW by quoting Rs 3.45 per kWh. Of the total tendered capacity, only 164 MW was auctioned.